Benzinga - World-renowned author and investor Robert Kiyosaki feels that Bitcoin (CRYPTO: BTC) is the simplest path to becoming a millionaire, emphasizing its potential over entrepreneurship.
What Happened: On Monday, Kiyosaki, author of the best-selling book “Rich Dad Poor Dad,” took to X to give another aggrandizing take on the world’s most popular digital asset.
He stated, “Bitcoin is the easiest way to become a millionaire. Making millions as an entrepreneur is hard. I know.” Kiyosaki highlighted the obvious obstacles to starting a business and the high levels of intelligence and hard work required, in addition to sheer luck, to make it succeed.
BITCOIN is the easiest way to become a millionaire. Making millions as an entrepreneur is hard. I know. You have to be really smart, dedicated, and lucky to become a millionaire starting your own business. I save Bitcoin because Bitcoin does the hardworkfor me. That is why I…
— Robert Kiyosaki (@theRealKiyosaki) June 11, 2024
To the contrary, he remarked that Bitcoin avoids all these hassles, which is why he holds them.
As of this writing, about 115,824 wallets have more than a million in Bitcoin, according to data from BitInfoCharts.
Why It Matters: This isn’t the first time Kiyosaki has made bold statements about Bitcoin.
Last week, he made a staggering prediction that Bitcoin would reach $350,000 by August 2024, a nearly fivefold jump in less than three months.
Earlier this year, he predicted that Bitcoin would hit $100,000 by June 2024. Going by the asset’s ongoing trajectory, the prognosis can be safely put to rest.
Price Action: At the time of writing, Bitcoin was trading at $67,930.16, slipping 2.37% in the last 24 hours, according to data from Benzinga Pro.
Photo Courtesy: Shutterstock.com
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Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
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